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When Compliance Fails: Current Issues in Directors' and Officers' Liability Coverage ( October 2004 )
It goes without saying that corporate boards and management, including general counsel, must be more vigilant than ever in ensuring appropriate corporate governance and compliance with acceptable financial reporting standards. The strictest attention to compliance, however, does not ensure that the corporation will escape a shareholders' suit if its stock drops unexpectedly, no matter what the reason. Fortunately, despite gloomy prognostications of a future hardening of the insurance market, directors' and officers' liability insurance currently is, for most corporations, available and affordable. -
The Insurance Crisis for Long Term Care Facilities ( March 2002 )
Obtaining affordable liability insurance policies for long-term care facilities (Skilled Nursing Facilities, or "SNFs") was once an easy task to accomplish. In the past the market for such insurance was marked by its sleepiness and by the simplicity of the basic information needed to write coverage for multiple perils at SNFs. But today, those times are a distant memory for the long-term care industry. -
Creative New Insurance Products LMU, REP & Warranty and Contingent Tax Insurance ( July 2001 )
In response to the insurance industry's recent profitability challenges and increased commitment to creative risk management techniques, many insurers are now offering three types of new insurance products that can provide significant benefits to a company. Each are briefly described in this article. -
New Golf Course Insurance Program Available ( October 2000 )
With the increase popularity of golf, and the number of lawsuits associated with the sport being filed - fr. -
Construction Risk Management Update--Thelen Reid Report No. 25 ( November 1999 )
This article reviews a recent California decision named Vandenberg v. Superior Court whereby the Court ruled that CGL policies can cover contractual liabilities. -
Protection from Disgruntled Employees ( August 1999 )
It all started innocently enough. J.Q. Employee was having problems on the job (tardiness, excessive absences, perf. -
NJ Supreme Court Provides Clear Guidance for Allocating Excess Policy Coverage ( November 1998 )
This article discusses the recent case of Carter-Wallace, Inc. v. Admiral Insurance Co., where the New Jersey Supreme Court examined the issue of how coverage should be allocated among excess insurers where underlying primary policies have not been exhausted throughout the entire coverage period. -
The Veil of Tiers: Shareholder Lawsuits and Strategic Insurance Layers ( January 1999 )
This article addresses how the "strategic tiering" of directors' and officers' (D&O) insurance can be a useful consideration in designing an effective risk management program. -
U.K. Arbitrators Construe Hand-Written Settlement Agreement ( April 1998 )
Intermittently over the past four years, an arbitration panel in London has been the forum for a complex insurance .
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